Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%
Price spread now: Bybit against Hyperliquid−0.105%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.435% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 7 days+0.093%+$9 · spread now −0.105%, 7d avg −0.071%
Together, before fees+0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.033% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid APT0.76350.0100pay 0.0013% / 1h12m 44s$5.1M$6.2M10x
ShortBybit APTUSDT0.76270.0100get 0.0100% / 8h3h 12m$27.2M$40.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.105% → −0.071%
−$3.35
Slippage, 4 orders
−$23.5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$46.85
Costs to cover
0.435%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago0.65 bp10.6 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.65 bp10.0 bp −$1021.4 bp −$21469.3 bp −$6,929doesn't fit

APT on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.7634−0.014%$20K150xas long as short
Deribit APT_USDC-PERPETUAL0.0000%1h0.7633−0.026%$4K$540K50xas long as short
Orderly PERP_APT_USDC+0.0016%8h0.7630−0.065%$10K$7K10xas long as short
Variational Omni APT+0.0019%8h0.7627−0.103%$509K$416Kas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+1.899%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7625−0.131%$407K$423K10xas long as short
Hyperliquid APTlong+0.0100%1h0.7635long leg$5.1M$6.2M10x
Aster APTUSDT+0.0100%8h0.7627−0.098%$94K$957K20xas long as short
Binance APTUSDT+0.0100%8h0.7631−0.046%$27.6M$106.8M75xas long as short
Bybit APTUSDTshort+0.0100%8h0.7627−0.105%$27.2M$40.4M50x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7631−0.052%$5.7M$24.9M50xas long as short
Gate APT_USDT+0.0100%8h0.7633−0.026%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7633−0.026%$29.5M$15.4M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7634−0.013%$5.0M$12.2M50xas long as short
Bitget APTUSDT+0.0100%8h0.7633−0.026%$8.6M$13.1M75xas long as short
BingX APT-USDT+0.0100%8h0.7630−0.065%$26.1Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.7637+0.026%$172K$389K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7640+0.065%$61K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7622−0.170%$6K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7631−0.052%$88$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7636+0.013%$249K$148K50xas long as short
Extended APT-USD+0.0104%1h0.7628−0.088%$79K$465K25xas long as short
Aevo APT-PERP+0.0104%1h0.7628−0.093%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7634−0.015%$16K100xas long as short
BloFin APT-USDT+0.0220%8h0.7637+0.026%$1.4M$965K75xas long as short
Kraken Futures PF_APTUSD+0.0252%1h0.7631−0.056%$530K$627K50xas long as short
Coinbase International APT-PERP-INTX+0.0312%1h0.7659+0.314%$220K$461K50xas long as short
Reya APTRUSDPERP+0.0490%1h0.7633−0.029%$3K20xas long as short
dYdX APT-USD+0.0709%1h0.7629−0.072%$53K$6K10xas long as short
01 Exchange APTUSD+0.5280%1h0.7773+1.807%$2K5xas long as short